anybody get a payment today from aac?

AAC > SCOK(bb) > SCOK Nasdaq.

The End.

SECURITY ADDITIONS
DL Date Symbol Company Name Effective Date OATS Reportable Flag Comments
2/5/2010 SCOK SinoCoking Coal and Coke Chemical Industries, Inc Common Stock 2/8/2010 Y From Amex (AAC)

SECURITY DELETIONS
Dl Date Symbol Company Name Effective Date/Comments
2/17/2010 SCOK SinoCoking Coal and Coke Chemical Industries, Inc Common Stock 2/18/2010 Listed on NCM (SCOK) **

http://www.otcbb.com/asp/dailylist_search.asp?SearchSymbolForm=TRUE&OTCBB=ALL&searchby=symbol&searchfor=scok&searchwith=Starting

thank you, I'm little worried because I didn't yet received my distribution, best regards

vid@ableauctions.com

please I need to contact Vid by email because I didn't receive my distribution can you give me

thanks

Is that payment the end of AAC now or are
the condo's still to be dispersed?

Tomorrow is suppose to be the day right?

Yes two weeks have pasted, I talked to Vid last week and he said the paper work had been sent to the brokage houses. He said we should see a about $.92 by the 15 of April

Aren't two weeks up. I still have had no
dividend hit my account.

Talked to Vid, will be getting a cash dividend in two weeks

are you still thinking this?

spoke to company most of o/s is held by insiders and institutions . The float is small by 30th $2 + easy money!imo

No shares traded - what's up?

http://quote.barchart.com/texpert.asp?sym=AAC ;)

someone knows something?

AAC tempting chart here... who's buying? :)

Sappennin'?

AAC Information

http://ableauctions.com/home.aspx

About Ableauctions.com

Ableauctions.com Inc. (AMEX "aac") is a high-tech liquidator and on-line auction facilitator that operates the domains iCollector.com, NAALive.com and Unlimited Closeouts.com.

As an on-line auction facilitator, the Company, with the experience of over 3,000 auctions, has developed state-of-the-art technology to broadcast auctions over the Internet (www.ableauctions.com/technology) and currently provides the technology and related services to auction houses, enabling them to broadcast auctions over the Internet. The Company broadcasts business and industrial auctions over the Internet for auctioneers and members of the National Auctioneers Association (NAA) and art, antique and collectible auctions for numerous galleries and auction houses around the world through eBay Live Auctions.

As a liquidator, the Company, through Unlimited Closeouts, purchases overstocks, order cancellations and discontinued products from major manufacturers and importers, then sells the merchandise to major retail chains, other resellers or the public.

Posts not meeting guidelines will be deleted without explanation we don’t have the time or desire to justify every deletion. If you feel strongly enough PM or email me and if I have the time or desire I’ll try to provide a reason. From time to time we may post a public explanation if it serves a larger purpose but don’t expect it every time.

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Welcome to the Ableauctions.com board

The AAC board's purpose is to to provide existing and potential investors a forum to discuss AAC . This is forum to learn and gain understanding of AAC's business and events as they occur. This is a forum for knowledgeable investors to share due diligence with the board. Whether you’ve been invested in AAC since the early days or you are considering investing in AAC and have found information you find important we encourage you to share it with others.

Little Volume today...eom

Looks like a rebond from Here...eom

News---Ableauctions Enters into Development Agreement to Explore Second Phase of Gruv Development

OJAI, Calif., Oct 09, 2008 (BUSINESS WIRE) -- Ableauctions.com Inc. (AMEX:AAC) (the "Company") announced today that, in response to the decision by eBay to wind down the operations of its Live Auctions platform effective December 31, 2008 and because of the continued weakness in the U.S. economy, both of which have negatively impacted the Company's liquidation and live auction broadcast services business, the Company intends to continue expanding its investment and property development business because management believes that these segments of its business will provide good long-term value to its shareholders.
To this end, the Company has entered into a development agreement to acquire a 50% interest in Surrey Central City Holdings Ltd., a private company controlled by Abdul Ladha, the Company's chief executive officer and a director. Surrey owns four properties adjacent to the Company's current development project located in Surrey, British Columbia. By purchasing this interest, the Company can explore the potential of developing the four properties, through Surrey, by improving them with a residential complex consisting of 76 to 138 condominiums and potentially generating revenue of approximately $16 million CAD to $30 million CAD before expenses and income splitting (Phase II).

The Company's current development, known as Gruv (Phase I), is expected to be completed on or around September 30, 2009 and currently remains on schedule and on budget. The Company expects revenue of approximately $25.4 million CAD from the sale of the commercial and residential units and estimates that the cost to develop the property will be approximately $21.2 million CAD.

Under the terms of the development agreement, the Company will acquire a 50% interest in the shares of Surrey from Surrey's sole shareholder. Surrey owns four properties (collectively referred to as the "Property"). The purchase price for the 50% interest is $1,347,440 USD. The Company will pay one-half of the purchase price in cash and the remainder with a promissory note due in one year bearing interest at the prime rate as announced by the Royal Bank of Canada plus 2% per annum. The promissory note also includes a provision allowing the seller to convert the principal amount owed, and any accrued interest, into shares of the Company's common stock. The purchase of the interest in Surrey and the corresponding conversion of the promissory note to stock are subject to shareholder and regulatory approval. The Company will have the right, for a period of one year, to sell back its interest in Surrey for the original purchase price, less one-half of the expenses incurred by Surrey in its efforts to develop the Property, in the event financing or approval of a preliminary development plan cannot be obtained.

The development agreement anticipates that Mr. Ladha and Overture Development Corporation will provide services to Surrey in developing the Property. These services include managing the build-out; working with government agencies to obtain approval of the development and obtaining the plans, permits and approvals required to complete the build-out; providing contractor's services, including liaising with various trades to coordinate construction of the build-out and supervising and directing construction of the build-out; preparing and implementing a marketing plan; providing the construction bonds; and obtaining financing and home warranty coverage for the development. Mr. Ladha and Overture Development Corporation will jointly receive 25% of the net profit from phase I and 12.5% of the net profit from phase II for providing these services.

In 2005, in an effort to increase shareholder value, diversify the Company's assets and provide a reliable source of income, the Company's board of directors approved the acquisition of the Gruv (Phase I) development opportunity presented by the Company's President and CEO, Mr. Abdul Ladha. Management believes that acquiring the additional land adjacent to the Gruv is the natural progression to this investment strategy.

About Ableauctions.com

Ableauctions.com Inc. (AMEX "aac") is a high-tech liquidator and on-line auction facilitator that operates the domains iCollector.com, Naalive.com and Unlimited Closeouts.com.

As an on-line auction facilitator, the Company, with the experience of over 3,000 auctions, has developed state-of-the-art technology to broadcast auctions over the Internet (www.ableauctions.com/technology) and currently provides the technology and related services to auction houses, enabling them to broadcast auctions over the Internet. The Company broadcasts business and industrial auctions over the Internet for auctioneers and members of the National Auctioneers Association (NAA) and art, antique and collectible auctions for numerous galleries and auction houses around the world through eBay Live Auctions.

Estimated Market Cap
$2,120,267 as of Oct 22, 2008
Outstanding Shares
60,752,641 as of Aug 8, 2008
Number of Share Holders of Record
576 as of Mar 31, 2008

Management

Abdul Ladha
CEO & Director

Abdul Ladha holds an honors degree in Electrical Engineering and Mathematics from the University of British Columbia (UBC). In 1985, after completing his academic term at the university and the Tri-University Meson Facility (TRIUMF), a nuclear physics research laboratory, he founded the Dexton Computer Corporation, a technology provider dedicated to the installation and support of network systems. Today, he is recognized as one of the leading contributors to the institution he graduated from and is a lifetime Member of the President and Chancellor's Circle of the University of British Columbia.

Dr. David Vogt
Director

David Vogt is a scientist, innovator and business leader. He evolved from university observatory director to science museum director and now high-tech executive.
David was founder and CEO of Brainium Inc., a pioneer of interactive media learning products for the online K-12 market, until a 2000 merger with NTS Computers Ltd., developers of portable, wireless Internet devices for education. David is now VP of Business Development for the merged company, Brainium Technologies Inc. David is also inaugural Chair of UBC's David Robitaille Professorship in Technology Applications to Mathematics and Science Education, a community position integrating e-learning into academia.
David has a Ph.D. in Information Sciences and also serves on boards for Science World, New Media BC, Royal Roads University, and the Software and Information Industries Association (SIIA).

Contact Information
Ableauctions.com, Inc.
1963 Lougheed Highway
Coquitlam, BC V3K 3TB
Canada

http://www.ableauctions.com

Phone: 604-521-3369

10:00 AAC 1Q Rev $1M Vs $2M >AAC

http://biz.yahoo.com/bw/070515/20070515005493.html?.v=1

Press Release Source: Ableauctions.com Inc.

Ableauctions Announces First Quarter 2007 Results
Tuesday May 15, 10:00 am ET

OJAI, Calif.--(BUSINESS WIRE)--Ableauctions.com Inc. (AMEX:AAC - News; the "Company") announced today the results of operations for the quarter ended March 31, 2007.
FINANCIAL HIGHLIGHTS

Revenues. During the three months ended March 31, 2007, the Company reported revenues of $1,014,911 compared to revenues of $2,039,152 during the same period in 2006, a decrease of $1,024,241 or 50%. The decrease in revenues was attributed to a 62% decrease in revenues earned from the Company's liquidation services, primarily Unlimited Closeouts Inc. Revenues from liquidation services totaled $651,803 (or 64% of total revenue) compared to revenues of $1,707,891 (or 84% of total revenue) during the same period in 2006. The Company expects revenues from its liquidation services to increase for the remainder of 2007. Revenues earned in the future from liquidation services will fluctuate widely based upon seasonality, the inventory available, the timing of orders, and the Company's ability to verify and ship orders on a timely basis.

Revenues from the Company's live auction operations group which includes iCollector and NAALive, grew 7% to $221,745 during the three months ended March 31, 2007 compared to the same period in 2006. The number of auction sessions facilitated in the first quarter of 2007 increased by 86% to 399 compared to 214 auction sessions for the same period in 2006.

Gross Profit. The Company reported an increase in gross profit percentage for the three months ended March 31, 2007. Gross profit was $474,820 (or 47% of revenues) for the three-months ended March 31, 2007 as compared to $709,386 (or 35% of revenues) for the three-months ended March 31, 2006. The increase in gross profit as a percentage of revenue is a result of improved pricing and product offerings of the Company's liquidation operations. The revenue of the auction services group increased while the revenue of the liquidation services group declined. The Company expects future gross profit margins to vary considerably from quarter-to-quarter depending on the performance of various divisions. Over time, the gross profit as a percentage of revenue is expected to range between 25% and 30%, based on the anticipated returns from its various divisions.

Operating Expenses. During the three month period ended March 31, 2007, the Company reported operating expenses of $534,514 or approximately 53% of revenue compared to $689,069 or approximately 34% of revenue for the same period in 2006.

Operating expenses as a percentage of revenue were higher than the corresponding period in the previous year due to the decrease in revenue and a significant fixed cost component of the Company's operating expenses. The Company's most significant fixed costs include salaries and benefits, management fees, and office and administration costs. Operating expenses are estimated to be approximately 40% to 45% of revenue for the remainder of the year.

The decrease in total operating expenses resulted primarily from a decrease of $214,830 in commissions paid, which was due to the decrease in the number of liquidation transactions the Company facilitated and adjustments in the Company's commission structures, and a decrease of $66,102 in accounting and legal fees.

During the three month period ended March 31, 2007, the cost of investor relations and shareholder information services was $17,531. There was no similar cost for investor relations and shareholder information services for the same period in 2006. The Company expects the cost of investor relations in 2007 to increase significantly as it plans is to increase its shareholder services.

During the three month period ended March 31, 2007, salaries and benefits totaled $231,213 compared to $154,457 for the same period in 2006. The increase of $76,756 or approximately 49.7% from the previous year was due to new employees and increased benefits. Salaries and benefits are expected to remain the same for the duration of the year.

Net Income. The Company reported net income of $19,998 for the three months ended March 31, 2007 compared to net income of $140,310 for the three month period ended March 31, 2006.

Shareholders Equity. The Company reported shareholders' equity, defined as the carrying amount of the Company's assets minus its liabilities, totaling $13,029,312 at March 31, 2007 compared to $12,892,032 at December 31, 2006.

About Ableauctions.com

Ableauctions.com Inc. (AMEX:AAC - News) is a high-tech liquidator and on-line auction facilitator that operates the domains iCollector.com, Naalive.com and Unlimited Closeouts.com.

As an on-line auction facilitator, the Company, with the experience of over 3,000 auctions, has developed state-of-the-art technology to broadcast auctions over the Internet (www.ableauctions.com/technology) and currently provides the technology and related services to auction houses, enabling them to broadcast auctions over the Internet. The Company broadcasts business and industrial auctions over the Internet for auctioneers and members of the National Auctioneers Association (NAA) and art, antique and collectible auctions for numerous galleries and auction houses around the world through eBay Live Auctions.

As a liquidator, the Company, through Unlimited Closeouts, purchases overstocks, order cancellations and discontinued products from major manufacturers and importers, then sells the merchandise to major retail chains, other resellers or the public.

For a comprehensive Corporate Update and prior releases, visit www.ableauctions.com. For more information, contact Investor Relations at investorrelations@ableauctions.com

This press release contains forward-looking statements, particularly as related to, among other things, the business plans of the Company, statements relating to goals, plans and projections regarding the Company's financial position and the Company's business strategy. The words or phrases "would be," "will allow," "intends to," "may result," "are expected to," "will continue," "anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers" or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the performance of our staff, loss of management personnel, an inability to obtain financing as and when we need it, competition from other on-line auction businesses, our ability to implement or manage our expansion strategy, general economic conditions, our ability to license our software to other auction houses, our ability to acquire profitable companies and integrate them into our business successfully and other factors that are detailed in our Annual Report on Form 10-KSB and on documents we file from time-to-time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place undue reliance on such statements. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. E.&O.E.

Contact:
Ableauctions.com Inc.
Corporate Communications & Investor Relations
Mr. Lindsay Malcolm, 604-520-6708
lmalcolm@ableauctions.com
--------------------------------------------------------
Source: Ableauctions.com Inc.

ACC technical geography mentioned in anchor post......


not included per page (not of page criteria)
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID1845867

AAC - TA and annotations in chart:



GLTYA

Have mucho AAC for years.I am newbie here but all are newbies to me on AAC here unless own 10% of co..

What are prevailing sentiment on why AAC for months reflected huge tight bid ask volume, reflecting gaming the tape perhaps?

Didn't break the year and a hlf long down trend line breaks that I'd say time to buy.

Just wanted shed some light on the subject of warrants since Abdul has warrants on 8.8 million shares for putting $588k into the company he runs. Investors should be ticked by this. Warrants are used as an incentive to get investors, why does Abdul need an incentive?

a few definitions

in this one notice this "Warrants are often included in a new debt issue as a "sweetener" to entice investors."

http://www.answers.com/topic/warrant

and this one has an interesting discussion on pricing of warrants.

http://www.hashemian.com/financial-markets/stock-warrants-183.htm

My bad..... An erroneous cut and paste joined two posts together. AAC, to my knowledge, is not in activity indicative of buybacks and reverse splits - HEC is. This stock, AAC, however, is experiencing the positive technical scenario I spoke of. My apologies.

I have been accumulating in my ira and averaged at .204. Funny. This thing has a bad reputation....... Analysts even avoid it (mostly). Historically, these splits and buybacks usually mean good coming long term...... although the result might allow for shenannigans in volume down the road. Technically, like I said, AAC is entering geography it has seen only experienced once before. It otta appreciate nicely from .20.

glty

Raises a lot of issues for me like, why did he do it? Last year he promised a stock buy back if the price kept dropping, well it did they didn't. If this placement was meant to prop up the price, it would have been much more effective had he bought the shares on the open market, with the placement he dilutes the stock by about 4% when he excercises the warrants it'll dilute about another 12%, not good for the long term. Well for everyone but Abdul.

Now if it wasn't just to prop up the price you have to ask why does ACC need $588,000 cash right now? Also why attach the warrants to the purchase? Substitution for no options?

Can't imagine any really good news coming for awhile if it did within the near future ol'Abdul would be in quite a pickle for insider trading. With that being said I'd think that we should see that run, early summer I expect, enough time to give distance between this placement and Abdul looking like a target of an SEC investigation. JMO

Yeah, must be nice. I was wondering if that was the case as the volume certainly didn't show his purchase. An extra 8.8 million warrants @ .20 to boot. He's already up over 700K on paper. Still nice to see him put $500K in, although all those warrants water down the leap of faith quite a bit. Still think it'll go for a nice little run this year.

Thanks for the heads up.

He didn't purchase on the open market, he purchase from the treasury. It's a private placement per the 8K they filed today. Sweet deal when the price goes up, must be nice to make a deal with yourself, lol

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001134821%252D07....

Form 4 filed today.

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001289854%252D07....

So Abdul bucks up over $500K for 2,941,175 shares @ .20 and it seems another 1,454,231 warrants @ .20 exercise price.

Looks like the first time he's ever bought shares on the open market, or at least since April 2004. That' awesome.

Gave the pps a nice little pop today.

Ableauctions Announces 2006 Financial Results

Apr 2, 2007 09:00:22 (ET)


OJAI, Calif., Apr 02, 2007 (BUSINESS WIRE) -- Ableauctions.com Inc. (AAC, Trade ) (the "Company") announced today the results of operations for the year ended December 31, 2006.

FINANCIAL HIGHLIGHTS

The Company reported an increase in revenue of 41% from the previous year with revenue of $6,243,865 for the year ended December 31, 2006, compared to $4,428,912 in 2005. Revenues from the Company's liquidation services increased by 50% to $4,917,198 from the previous year, accounting for 78% of total revenues. Revenues from the Company's auction operations iCollector and NAALive grew over 70% and 100%, respectively.

The Company also reported an increase in gross profit for 2006. Gross profit for 2006 was $2,375,466, or 38% of total revenue, for the year ended December 31, 2006, compared to $1,299,151 or 29% of total revenue, for the year ended December 31, 2005. The increase in gross profit as a percentage of revenue is a result of improved pricing and product offerings of the Company's liquidation operations. The increase also reflects the performance of the Company's high-profit auction broadcasting services group, the growth of which outperformed the growth of the liquidation services groups.

The Company reported higher operating expenses for the year ended 2006. The Company's operating expenses totaled $2,816,617, or 45% of net revenues, for the year ended December 31, 2006, as compared to $1,738,215, or 39% of net revenues, for the year ended December 31, 2005. The increase in operating expenses resulted primarily from an increase of $570,316 in commissions paid, due to the increase in the number of liquidation transactions and live auctions the Company facilitated. Commissions totaled $863,736, or 31% of total operating expenses, as compared to $293,420, or 17% of total operating expenses, for the year ended December 31, 2005. Management fees, salaries and benefits totaled $992,017, or 35% of the total operating expenses, for the year ended December 31, 2006, as compared to $742,839, or 43% of the total operating expenses, for the year ended December 31, 2005. While management fees, salaries and benefits increased in absolute terms as the Company added more staff and established cash incentives to facilitate growth, this overhead cost as a percentage of revenues decreased. Accounting and legal fees increased by $104,119. This increase related primarily to the preparation or review of documents that relate to our property development and mortgage loan businesses and to the restatement of our financial statements.

The Company expects to adjust its commission structures in 2007 in order to reduce overall operating expenses. The Company also expects the cost of its investor relations services in 2007 to increase significantly as it plans to increase its services to shareholders.

The Company reported net income of $167,233 for the year ended December 31, 2006, compared to net income of $437,182 in 2005.

The Company reported shareholders' equity, defined as the carrying amount of the Company's assets minus its liabilities, totaling $12,890,232 at December 31, 2006, compared to $12,789,331 at December 31, 2005.

OUTLOOK

Over the course of the past few years, Ableauctions has made significant progress towards accomplishing many of its objectives and milestones. The Company had emerged with an impressive business model and has subsequently laid a solid foundation on which to build an exciting technology company going forward. The Company has taken a distinctive position in the liquidation and live auction marketplace and is moving forward on an aggressive initiative to expand the Company's live auction and liquidation businesses.

The Company's objective is to become a leading provider of merchandising services through our auction and liquidation channels. Management believes that the long-term success in this area of its business depends on its continued innovation and integration of technologies and services for auctioneers and liquidators worldwide. In order to accomplish this and maintain positive cash flow, the Company will continue to rely on revenues from its other operations and from its investments. In 2006, the Company formed Axion Investment Corporation to manage and expand the Company's investment business, including real property development and lending. The return on these investments is expected to help support the development of its liquidation and auction businesses, including the development of new technologies for use by on-line businesses.

In 2006, the Company saw significant growth in its live auction services, and it expects to attract some of the world's leading auction houses and service providers to partner with it in delivering its technology and services. The Company continues to develop innovative technology that it continuously refines, enabling auction houses to broadcast auctions on the Internet. It has established an experienced management team and board of directors, all dedicated to building a significant global technology company.

Looking forward, the Company plans to significantly increase its services to shareholders in 2007 and to continue to expand by partnering with, or by acquiring, companies that add breadth to its core competencies and enhance its business model. Management will continuously look for new ways to produce revenue streams that will benefit the Company in years to come.

With innovative technology, good management and the support of its shareholders, management looks forward to achieving its goals in the coming years.

About Ableauctions.com

Ableauctions.com Inc. (AAC, Trade ) is a high-tech liquidator and on-line auction facilitator that operates the domains iCollector.com, NAALive.com and UnlimitedCloseouts.com.

As an on-line auction facilitator, the Company, with the experience of over 3,000 auctions, has developed state-of-the-art technology to broadcast auctions over the Internet ( www.ableauctions.com/technology ) and currently provides the technology and related services to auction houses, enabling them to broadcast auctions over the Internet. The Company broadcasts business and industrial auctions over the Internet for auctioneers and members of the National Auctioneers Association (NAA) and art, antique and collectible auctions for numerous galleries and auction houses around the world through eBay Live Auctions.

As a liquidator, the Company, through Unlimited Closeouts, purchases overstocks, order cancellations and discontinued products from major manufacturers and importers, then sells the merchandise to major retail chains, other resellers or the public.

For a comprehensive Corporate Update and prior releases, visit www.ableauctions.com . For more information, contact Investor Relations at investorrelations@ableauctions.com.

This press release contains forward-looking statements, particularly as related to, among other things, the business plans of the Company, statements relating to goals, plans and projections regarding the Company's financial position and the Company's business strategy. The words or phrases "would be," "will allow," "intends to," "may result," "are expected to," "will continue," "anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers" or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the performance of our staff, loss of management personnel, an inability to obtain financing as and when we need it, competition from other on-line auction businesses, our ability to implement or manage our expansion strategy, general economic conditions, our ability to license our software to other auction houses, our ability to acquire profitable companies and integrate them into our business successfully and other factors that are detailed in our Annual Report on Form 10-KSB and on documents we file from time to time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place undue reliance on such statements. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. E.&O.E.

SOURCE: Ableauctions.com Inc.


Ableauctions.com Inc.
Corporate Communications & Investor Relations:
Mr. Lindsay Malcolm, 604-520-6708
lmalcolm@ableauctions.com

Ableauctions to Host Heritage Auction Galleries' ''Marketplace'' Auction [GVTVNPX]

DALLAS--(Business Wire)--Ableauctions.com (AMEX:AAC) announced today that it will host Heritage Auction Galleries' "Marketplace Auction" on March 28 and March 29, 2007, on eBay Live Auctions through its subsidiary iCollector.com.

This event will showcase a Samuel Hammond autographed letter, signed "S. Hammond," regarding the silk trade with Japan. Hammond served under Nathaniel Green in the American Revolutionary War as a commander of cavalry. He commanded Georgia volunteers in the Creek War. President Thomas Jefferson appointed Hammond military and civil governor of upper Louisiana Territory. He later served as a member of the Eighth Congress. The letter is undated.

Also up for bid is a Lincoln manuscript document, signed in an unknown hand "Swett, Lawrence, Lincoln & Lamon D.Q." Champaign Co., Ill., May 1855. In the case of George High, indicted for larceny, the lawyers ask that subpoenas be directed to the sheriffs of Warren, Mason and Iroquois Counties for four named witnesses, including John Noland, "to testify in behalf of the defendant." A brief note by clerk (Thompson R.), Webber states that the subpoenas were issued on 23 April 1855.

Other items of interest include: a gold diamond ring totaling approximately 2.0 carats, a 19th century fitted collector's cabinet in walnut with burl veneer marquetry doors, a print of the original etching "Monsieur Lemonnyer, A son devoir" by Jacques Leman, and a Chinese carved jade depicting a pavilion and pine trees in a tiered landscape above waves.

Heritage Auction Galleries, established in 1976, is the world's largest collectibles auctioneer with 242,908 members. They offer a wide range of Coins, Currency, Comics, Movie Posters, Antiques & Decorative Arts, Fine Art, Sports collectibles and Political Memorabilia. Their goal is to provide their customers with the largest selection of high-quality collectibles and fulfill their mission in providing the Internet's most indispensable trading platform and source of information for serious collectors, investors and dealers.

For more information on this auction please visit http://www.icollector.com/catalog.aspx?sid=12227.

About iCollector.com

iCollector.com is the pre-eminent supplier of live online auction technology and services to some of the world's most prestigious galleries and industrial auction houses and operates one of the largest eBay Live Auction sales and support centers in the world. It is the only auction technology company to be endorsed by the National Auctioneers Association (NAA) and has partnered with eBay Live Auctions in streamlining the process of broadcasting auctions real-time on the Internet. iCollector's technology enables auction houses to open their establishments to the world by allowing online bidders to participate in real-time on the auction floor.

Visit www.icollector.com or www.icollector.com/ourTechnology.aspx.

About Ableauctions.com

Ableauctions.com Inc. (AMEX:AAC) is a high-tech liquidator and on-line auction facilitator that operates the domains iCollector.com, Naalive.com and Unlimited Closeouts.com.

As an on-line auction facilitator, the Company, with the experience of over 3,000 auctions, has developed state-of-the-art technology to broadcast auctions over the Internet (www.ableauctions.com/technology) and currently provides the technology and related services to auction houses, enabling them to broadcast auctions over the Internet. The Company broadcasts business and industrial auctions over the Internet for auctioneers and members of the National Auctioneers Association (NAA) and art, antique and collectible auctions for numerous galleries and auction houses around the world through eBay Live Auctions.

As a liquidator, the Company, through Unlimited Closeouts, purchases overstocks, order cancellations and discontinued products from major manufacturers and importers, then sells the merchandise to major retail chains, other resellers or the public.

For a comprehensive Corporate Update and prior releases, visit www.ableauctions.com. For more information, contact Investor Relations at investorrelations@ableauctions.com.

This press release contains forward-looking statements, particularly as related to, among other things, the business plans of the Company, statements relating to goals, plans and projections regarding the Company's financial position and the Company's business strategy. The words or phrases "would be," "will allow," "intends to," "may result," "are expected to," "will continue," "anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers" or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the performance of our staff, loss of management personnel, an inability to obtain financing as and when we need it, competition from other on-line auction businesses, our ability to implement or manage our expansion strategy, general economic conditions, our ability to license our software to other auction houses, our ability to acquire profitable companies and integrate them into our business successfully and other factors that are detailed in our Annual Report on Form 10-KSB and on documents we file from time-to-time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place undue reliance on such statements. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. E.&O.E.

Ableauctions.com Inc. Mr. Lindsay Malcolm, 604-520-6708

Copyright Business Wire 2007 22Mar07 14:28 GMT
Symbols: de;AA7 de;AA7F de;AA7X us;AAC
Source BW Business Wire
Categories: MST/I/NET MST/I/RTB MST/I/SVC MST/L/EN MST/R/NME MST/R/US MST/R/US/TX TGT/BWB

Looks to be coming to life shortly-I think that I like the CMF about the best!

(LOL) Hey girl!!!!!

The truth is, I am a financial partner with a son in a large lawn, landscaping, retaining wall, excavation, etc company which just bought a new dump truck. I think it was a triaxle. Not sure.

I have heard of this JM Wood outfit.

This technical move is probably one of enormous duration and potential relative to the price history of AAC.

I hope you are doing well. Spoiling the grand kids to new hieghts? I'm still without the first one. I am with reservation but I'm sure they will be appreciated when put in my arms.

Shopping for some heavy machinery, cotton?

Ableauctions to Host JM Wood's Giant Four Day Heavy Machinery Auction
Ableauctions.com (AMEX:AAC) announced today that it will host JM Wood’s “Gigantic” four day heavy machinery auction running March 7, 2007 to March 10, 2007 through its subsidiary NAALive.com.

The auction is scheduled to have over 120 Mack, Kenworth and Peterbilt trucks (year 2007-2006) to be auctioned. The first portion of the auction will feature Mack granite tri-axle and tandem-axle dump trucks, single axle flatbed dump trucks, as well as Peterbilt and International truck tractors. Also available for bid will be dump trailers, lowboys, dropdecks, flatbeds and Great Dane 48’ reefer trailers.

The second portion of the auction will feature crawler tractors and loaders, hydraulic excavators, CAT 140H motor graders, rubber tired loaders, rock drills and paving and compaction equipment, amongst many other.

"This March sale is projected to be the largest sale we have ever done, and will be our first four day auction in our 34 year history," says company president Brenda Wood. "There is a strong global demand for the clean, late model equipment that J.M. Wood has become known for, and our buyers won't be disappointed with this line up of equipment we have assembled."

The ground has been rumbling. Time to raise her skirt eom

Possible Exciting Time: During the past months I have been adding to my ACC portfolio a few thousand at a time. The stock has been as dead as this Board. While the trading and price has frustrated all of us, I did notice a major difference today. The stock matched its 52 week low and immediately bounced up to close unchanged. I do not purport to be an expert, but my sense is we have totally bottomed out and have no place to go but up. Additionally, the volume today was large compared to the past few weeks. Like to see this Board get going again, and hope Frank and some others come back to share your thoughts. Best of luck to all. Scotch

Posts are sparce for a stock having difficulty. The company reputation has proved questionable through recent years with financial arrangements lacking shareholder interest. Things may be about to change.

AAC is entering technical territory it has only entered once before during its entire existance. Its duration and reaction should be very meaningful to relative history. That said, my past performance is not indicative of future performance. You are ultimately responsible for your financial decisions.

Good luck to us all.

would like to see this one...

bust out of this range and not look back - good Q could do it.

filed on 11/14 last year...

so shouldn't be too long before see how things are going.

nice little build up to earnings...

and they have a chance to post some good revenue numbers with small profit. Focusing mostly on growth here as believe the company can become fairly big and then turn out the signficant profits.